5727 N Morgan Ln Chattanooga, TN 37415
Falling Water NeighborhoodEstimated payment $3,749/month
Total Views
4,240
--
Bed
--
Bath
3,112
Sq Ft
$204
Price per Sq Ft
Highlights
- Deck
- Balcony
- Patio
- No HOA
- Ductless Heating Or Cooling System
- Living Room
About This Home
Welcome to 5727 North Morgan Lane, Chattanooga, TN—an exceptional investment opportunity offering consistent income potential. This recently renovated property comprises three 2-bedroom units and one 1-bedroom units, totaling 3112 square feet of living space. The entire building and individual units have undergone professional updates and renovations within the past year - see attached documents for details.
Each unit features a back porch, inviting tenants to unwind and enjoy the outdoors, complemented by a generous lot that enhances the property's appeal. With tenants already in place, this investment ensures a steady financial return. Detailed rent rolls and further information are available upon request to serious buyers, currently grossing almost $4k per month.. Incredible opportunity to own a well-maintained, income-generating property in a desirable location in Chattanooga, TN.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,908
Year Built
- Built in 1960 | Remodeled
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 191.7x178
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 3,112 Sq Ft Home
- 2-Story Property
- Living Room
- Laundry on lower level
Kitchen
- Electric Oven
- Stove
- Dishwasher
Parking
- Driveway
- Parking Lot
Outdoor Features
- Balcony
- Deck
- Patio
Schools
- Hixson Elementary School
- Red Bank Middle School
- Red Bank High School
Utilities
- Ductless Heating Or Cooling System
- Multiple cooling system units
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 099c C 007
Community Details
Overview
- No Home Owners Association
- 4 Units
- Hetzel Subdivision
Additional Features
- Laundry Facilities
- Gross Income $46,680
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,450 | $64,800 | $0 | $0 |
| 2023 | $1,450 | $64,800 | $0 | $0 |
| 2022 | $1,450 | $64,800 | $0 | $0 |
| 2021 | $1,450 | $64,800 | $0 | $0 |
| 2020 | $1,335 | $48,280 | $0 | $0 |
| 2019 | $1,335 | $48,280 | $0 | $0 |
| 2018 | $1,352 | $48,280 | $0 | $0 |
| 2017 | $1,335 | $48,280 | $0 | $0 |
| 2016 | $1,335 | $0 | $0 | $0 |
| 2015 | $2,680 | $48,280 | $0 | $0 |
| 2014 | $2,680 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $635,000 | -3.1% | $204 / Sq Ft |
| 05/01/2025 05/01/25 | For Sale | $655,000 | +28.9% | $210 / Sq Ft |
| 03/13/2024 03/13/24 | Sold | $508,000 | -7.6% | $152 / Sq Ft |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 11/30/2023 11/30/23 | For Sale | $550,000 | -- | $164 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $508,000 | Cumberland Title & Guaranty | |
| Quit Claim Deed | -- | Amp Title Llc | |
| Quit Claim Deed | -- | Blueprint Title Llc | |
| Warranty Deed | $360,000 | Blueprint Title Tn | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $85,000 | First Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $320,000 | New Conventional | |
| Previous Owner | $262,500 | New Conventional | |
| Previous Owner | $350,000 | New Conventional | |
| Previous Owner | $64,000 | Commercial | |
| Previous Owner | $68,000 | Commercial |
Source: Public Records
Similar Homes in Chattanooga, TN
-
$779,900
- 7 Beds
- 4 Baths
- 5,200 Sq Ft
- 9471 Weather View Dr
- Chattanooga, TN
Nestled in the highly desirable Hurricane Mountain section of the Hurricane Creek subdivision, this exceptional home offers space, functionality, and flexibility for a variety of lifestyles. Sitting on nearly a full acre at the end of a quiet cul-de-sac, this 7-bedroom, 4-bathroom residence is perfect for large families or those seeking rental income opportunities.Inside, the main level
Shawn Feagans Keller Williams Realty
Source: Greater Chattanooga REALTORS®
MLS Number: 1512130
APN: 099C-C-007
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